PT. Multi expects to receive cash from sales of Rp 50,000,000.00 in April. In addition to PT. Multi received cash from the sale of the property amounting to Rp. 4,000,000.00 Payment of raw materials and supplies expected for a total of Rp. 12,500,000.00 direct labor salaries of Rp. 13,800,000.00 and other expenses budgeted for Rp. 15,200,000.00 On March 1, the balance in the cash account is IDR 2,470,000.00
PT. Multi expects to receive cash from sales of Rp 50,000,000.00 in April. In addition to PT. Multi received cash from the sale of the property amounting to Rp. 4,000,000.00 Payment of raw materials and supplies expected for a total of Rp. 12,500,000.00 direct labor salaries of Rp. 13,800,000.00 and other expenses budgeted for Rp. 15,200,000.00 On March 1, the balance in the cash account is IDR 2,470,000.00
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:PT. Multi expects to receive cash
from sales of Rp 50,000,000.00 in
April. In addition to PT. Multi
received cash from the sale of the
property amounting to Rp.
4,000,000.00 Payment of raw
materials and supplies expected
for a total of Rp. 12,500,000.00
direct labor salaries of Rp.
13,800,000.00 and other expenses
budgeted for Rp. 15,200,000.00 On
March 1, the balance in the cash
account is IDR 2,470,000.00
a. Calculate the cash budget for
PT. Multi in April
b. Assume that that PT. Multi
wants a minimum cash balance of
IDR 16,700,000.00 and can borrow
from the bank in multiples of IDR
1,000,000.00 with an interest of
12% per year.
1. What is the final balance of PT.
Multi to be adjusted for April?
2. How much interest should PT
Multi pay in May, assuming that the
entire loan amount in April will be
repaid.
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